CPP Promotes New Chief Risk Officer
Priti Singh, the fund’s capital markets factor investing head, has been promoted to CRO, while Heather Tobin succeeds her.
Priti Singh, the fund’s capital markets factor investing head, has been promoted to CRO, while Heather Tobin succeeds her.
Transactions in Q1 totaled just under $1.3 billion, a fraction of the $15.3 billion worth of deals during the year-ago quarter.
A research paper profiles value-enhancing deals by the likes of CDPQ and PSP.
The pension giant also sold a buyout fund portfolio for C$2 billion and German wind assets for C$374 million.
Jhooty will lead the team responsible for implementing the C$575 billion pension fund’s investment framework.
Despite the investment loss, net transfers helped raise the Canadian pension giant’s asset value to C$575 billion.
It’s trickier for some, like the Norwegian program, which is funded by North Sea oil.
The British Columbia Investment Management Corp. will also own a minority stake in the combined entity.
Canadian pension giant outperforms benchmark by 120 basis points to raise asset value to C$570 billion.
Canadian pension giant and private equity firm will buy out SAP’s majority stake for $18.15 per share.